IMPERIAL BRANDS PLC

Legal Entity Identifier (LEI) No. 549300DFVPOB67JL3A42

Transaction in own shares & Completion of Initial Tranche of Share Buyback Programme

Imperial Brands PLC (the "Company") announces that on 10 March 2023 it purchased for cancellation the following number of its ordinary shares of 10 pence each pursuant to its £1 billion share repurchase programme, details of which were announced on 06 October 2022 and which is due to be completed by September 2023.

Description of shares: Imperial Brands PLC - ordinary shares of 10 pence

Number of shares repurchased: 293,743

Date of transaction: 10 March 2023

Average price paid per share: GBp 1981.27

Lowest price paid per share: GBp 1963.50

Highest price paid per share: GBp 1995.00

Broker: Credit Suisse International ("CSI")

The Company intends to cancel these Shares.

All shares were purchased from CSI as an on exchange transaction subject to the rules of the London Stock Exchange.

Following the purchase and subsequent settlement and cancellation of these shares, the remaining number of ordinary shares in issue will be 926,034,003 (excluding treasury shares).

The figure of 926,034,003 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

http://www.rns-pdf.londonstockexchange.com/rns/6479S_1-2023-3-10.pdf

These purchases are the last purchases to be made under the initial £500 million tranche (the "Initial Tranche") of the £1 billion share buyback programme announced on 06 October 2022, accordingly, the Initial Tranche of the programme has been completed in accordance with its terms. Under the Initial Tranche, the Company repurchased 24,374,098 shares of 10 pence each at an average price of 2051.36 pence per share

Contacts:

Peter Durman                                                                +44 (0) 7970 328 903